Saturday, June 27, 2009

Quest Pistols # 30

Question
This man is one of the richest in the world.His company was in news recently for backing out of a proposed expansion plan

Name the person and mention the expansion plan talked about.

Answer

Ingvar Kamprad,the founder and owner of the world's largest furniture manufacturer IKEA.

Quoting Business Standard "The world's largest furniture maker, IKEA, has shelved plans to enter the Indian retail market because of stringent FDI norms, but the company said it would continue sourcing supplies from the country for its international operations."

1 comment:

Aadish said...

IKEA founder Ingvar Kamprad.
ikea has backed out from opening its stores n india.